This report presents the latest stock-take and update of the continuing advancement of Islamic finance in Kazakhstan, which aspires to be one of the leading markets in the world. The report assesses the development of Kazakhstanʼs Islamic finance industry amidst the country’s push to become a more diversified economy and to reduce its heavy reliance on the oil and gas sector.
For the first time ever, the report benefits from the database developed upon an extensive market survey undertaken by CSQlaw Kazakhstan Branch to assess the potential market demand for Islamic financial products and services among the Kazakhstan public, involving more than 12,000 respondents.
It is hoped that this report will provide a deeper understanding and broader perspectives to readers on the stage of development of Islamic finance in Kazakhstan.
